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...Some reinsurers had argued for exclusions of these countries from framework contracts, they added, but had limited success....
...Separately, in the UN High Seas Treaty adopted in June, nations agreed to protect 30 per cent of international waters by 2030....
...The kingdom fears that a sharp fall in Russian production would be hard to backfill by other Opec+ countries as there is only limited spare capacity....
...However, it is not a lucrative market for foreign banks, which face low fees, limited brand recognition and fierce competition with local rivals....
...“The objective is not to compete to be in the top three domestic underwriters in China,” said a person close to Goldman Sachs....
...In some areas, businesses have apparently been told to use local financial firms at the expense of international rivals such as CAB....
...But those in the market say there is, as yet, limited appetite among insurers to provide specific war coverage for cyber....
...And for a limited time this summer, we are making those articles free to read for all Rachman Review listeners....
...How can green offerings be expanded if banks only have a limited number of “known” green activities and companies, she asked....
...They highlight the International Energy Agency’s recent warning that all new oil and gas exploration must be halted to keep global warming below a catastrophic rise of more than 2C since pre-industrial times...
...Accountancy firm BDO has received its first UK audit fine from the industry’s regulator for rule breaches in its work on the accounts of international insurer AmTrust Europe....
...Tokio Marine argues that its potential exposure to Greensill was limited because a significant proportion of the risk was covered by reinsurance....
...Their accounts are often published only in Chinese and many do not include metrics most commonly used by international analysts....
...Solar power is set to become “the new king of electricity,” consistently cheaper than new coal- or gas-fired power plants in most countries, the International Energy Agency has said....
...Individual investors’ options are more limited, but they can at least cut their investments in companies that don’t align with their beliefs....
...In Hong Kong, interest in ESG issues is more limited....
...BT can pull back from the FTTP target mindful that AltNet overbuild limited.”...
...The second is Accor’s state-heavy shareholder structure: Jin Jiang International of China and QIA have 13 per cent and 11.3 per cent of Accor, respectively, so they would need to act as de facto underwriters...
...Underwriters are likely to demand more to insure ships using the Strait....
...Brent crude, the international benchmark, was down 23 cents on Friday at $61.08 a barrel — barely $1 above where it traded on Wednesday before the incident off the coast of Iran....
...While its lucrative American audience showed limited growth last year, international users are growing more quickly, even though ad revenues are far lower outside its home market....
...You can see why Novalpina’s Stephen Peel saw a business opportunity — even if it meant he had to step down from the board of international human rights group Global Witness....
...The result of all this has been an extraordinarily profitable banking industry by international standards....
...Investment banks Credit Suisse and JPMorgan are vying for the role of lead underwriter, these people said....
...On the client side, she advised the underwriters on Italy’s buyback of €4.2bn of its BTP Italia issuance, the largest sovereign bond in Italy....
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